Chinese Company ByteDance Appears To Ignore Threat Of U.S. Ban, Says It ‘Has No Plans’ To Sell TikTok: Report The Daily Wire
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AccordingtoToutaio,anewsandinformationcontentplatformthatisacoreproductoftheChinesecompanyByteDance,theparentcompanyofTikTok,ByteDancehasnoplanstosellTikTok.
Lastweekend,CongresspassedameasurethatgaveByteDanceninemonthstosellTikTokoritwillbebannedintheUnitedStates.Ifasaleisinprogressduringthoseninemonths,anadditionalthreemonthswouldbeadded.OnWednesday,PresidentBidensignedthemeasureintolaw.
“ForeignmediareportsthatByteDanceisexploringthesaleofTikTokareuntrue.ByteDancehasnoplanstosellTikTok,”ToutaiostatedonThursday.
TikTokhadrespondedtoBidensigningthebillwithastatementonX:
ThisunconstitutionallawisaTikTokban,andwewillchallengeitincourt.Webelievethefactsandthelawareclearlyonourside,andwewillultimatelyprevail.Thefactis,wehaveinvestedbillionsofdollarstokeepU.S.datasafeandourplatformfreefromoutsideinfluenceandmanipulation.Thisbanwoulddevastatesevenmillionbusinesse
